Tether CEO Disputes Senate Iran Findings, Cites Earlier USDT Freezes
Photo: TokenPost
Tether CEO Paolo Ardoino challenged a Senate investigation into Iran-linked wallets on Oct. 19, saying his company froze flagged Tether USD (USDT) addresses an average of four weeks before U.S. and Israeli sanctions designations. Ardoino’s comparison covers freezes since 2023 and designations by Treasury’s Office of Foreign Assets Control (OFAC) and Israel’s National Bureau for Counter Terror Financing. In Ardoino’s tally, Tether acted before Chainalysis labeled the addresses in 99% of cases. Senate Democratic investigators reviewed 846 wallets sanctioned or targeted for seizure over alleged links to Iran and regional groups between June 2021 and August 2026.
Source: TokenPost
